Mortgage and Finance Brokers Breaking News - The Adviser

Loan Market grows compliance team

by Malavika Santhebennur • 4 Sep 2020

The major brokerage has made two additions to its compliance division ahead of the implementation of best interests... READ MORE

Auswide book grows as broker flows increase

by Annie Kane • 4 Sep 2020

The non-major lender’s loan book grew by 4.3 per cent to just over $3 billion in FY20, driven by strong broker flows... READ MORE

Hot Property: The biggest property headlines from the week 31...

by reporter • 4 Sep 2020

The weekly round-up of the biggest news stories from across Momentum Media’s property titles for the week ending 4... READ MORE

ANZ applications peaked at $1.2bn a day

by Annie Kane • 3 Sep 2020

The CEO of ANZ has revealed that the bank saw its application levels surge to $1.2 billion a day earlier this year,... READ MORE

Clive Kirkpatrick joins FBAA board

by Malavika Santhebennur • 3 Sep 2020

The industry association has appointed the former YBR GM of distribution to its board, effective immediately. READ MORE

Why this broker values education on financial wellness

by Malavika Santhebennur • 3 Sep 2020

Mikaela Patterson, the recent winner of the Wellness Advocate of the Year award, explains what pushed her to start a... READ MORE

Brokers charged for forgery, misleading statements

by Reporter • 3 Sep 2020

ASIC has laid separate charges against two brokers who have been accused of forging documents and submitting false... READ MORE

La Trobe Financial releases three new loan products

by Annie Kane • 2 Sep 2020

The non-bank lender has launched three new products, including a bridging loan, a loan for non-residents and one... READ MORE

QBE chief steps down

by Lachlan Maddock • 2 Sep 2020

The CEO of QBE Insurance Group has stepped down following an investigation into his workplace communications and... READ MORE

New broker review and marketing solution launched

by Malavika Santhebennur • 2 Sep 2020

A real estate agent ratings and statistics website has launched a similar ratings and digital marketing solution for... READ MORE

Borrowers urged to ‘take action’ and shop around

by Reporter • 2 Sep 2020

Mortgage-holders have been encouraged to “get on the front foot” and search for better deal ahead of the expiry of... READ MORE

Brokers dominate FHLDS originations

by Charbel Kadib • 1 Sep 2020

The third-party channel originated the lion’s share of FHLDS placements during the first phase of the program, new... READ MORE

Major brokerage appoints state manager

by Malavika Santhebennur • 1 Sep 2020

Mortgage Choice has appointed a new state manager for Victoria/Tasmania after the departure of former state manager Max... READ MORE

Broker petitions banks to digitise mortgage process

by Annie Kane • 1 Sep 2020

A Victoria-based broker has launched a petition for banks to digitise home loan contracts and standardise the ID... READ MORE

Choice reports record settlements in July

by Malavika Santhebennur • 1 Sep 2020

Choice Aggregation Services brokers settled a record amount of loans in July, buoyed by high demand for refinancing... READ MORE

PLAN launches two new white label brands

by reporter • 1 Sep 2020

The aggregator has launched two new white label brands, run in partnership with Pepper Money. READ MORE

Calls mount for HomeBuilder reform

by Annie Kane • 31 Aug 2020

There are growing concerns that the utility of the HomeBuilder scheme is being undermined as the current structure is... READ MORE

AFG earnings buoyed by broker output

by Charbel Kadib • 31 Aug 2020

Strong broker-originated settlement growth has underpinned a 15 per cent increase in the diversified mortgage... READ MORE

Clawback changes to take effect 1 January: Treasury

by Annie Kane • 31 Aug 2020

The federal Treasury has confirmed that the proposed changes to broker clawback arrangements are expected to take... READ MORE

Mortgage Choice earnings hit by new rem model

by Charbel Kadib • 28 Aug 2020

An increase in commissions paid to the group’s broker network has driven a 16 per cent slide in earnings, offset by a... READ MORE

ANZ, CBA launch online business lending platforms

by Annie Kane • 28 Aug 2020

Both ANZ and CBA have launched new online lending platforms for business loans that claim to conditionally approve... READ MORE

Frank Ganis joins listed brokerage group

by Malavika Santhebennur • 28 Aug 2020

The former Yellow Brick Road CEO will join the board of an ASX-listed brokerage and financial services group. READ MORE

Alternative lender joins AFG panel